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Frederic Babeux
  • Rental Property Investor
  • Saint-Hubert, Québec
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70
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Commercial lenders in Rochester NY?

Frederic Babeux
  • Rental Property Investor
  • Saint-Hubert, Québec
Posted Jun 28 2019, 07:19

Hello all,

I was wondering if we had anyone in this forum who knows a commercial broker or commercial lenders, I have a few questions regarding financing on 5+ units MFR in the area.

Mostly wondering what are the usual terms for the area? 20-25 years amort? 

What do they look at when financing? Just NOI and DSCR? Cap rates?

But most importantly, are they able to lend to a US limited partnership where the GP/LP are canadians/canadian entities.

Feel free to refer me to anyone who might be able to answer those questions!

Thank you.

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